Houston, September 1, 2026 — The next bottleneck in artificial intelligence may not be chips. It may be heat. That is the thesis behind SLB’s $4.1 billion acquisition of Kelvion, a global provider of thermal management and heat-exchange technologies. The oilfield-services giant has agreed to acquire Kelvion for approximately $3.4 billion in cash and assume … Read more
Ahmedabad, India | August 10, 2026: Ahmedabad-based thermal management startup KühlTherm has launched two locally developed liquid cooling solutions aimed at supporting the growing demand for high-density artificial intelligence (AI) workloads in India’s data centre industry. The company has introduced a Rear Door Heat Exchanger (RDHx) and a Cooling Distribution Unit (CDU), alongside what it … Read more
Padua, Italy: Critical digital infrastructure provider Vertiv has announced new investments at its Tognana campus near Padua, Italy, aimed at expanding manufacturing capacity and advanced testing capabilities for data center cooling systems. The expansion comes as demand for AI-ready infrastructure and high-density computing continues to surge worldwide. Vertiv expects the investment to double its chiller … Read more
New York: Madison Air Solutions (NYSE: MAIR) has raised $2.23 billion through its initial public offering (IPO), making it the largest U.S. industrial IPO since 1999. The offering values the company at $13.2 billion, underscoring growing investor confidence in businesses supporting the rapid expansion of artificial intelligence (AI) infrastructure. Rather than competing in the AI … Read more
